Peter Briger’s Incredible Moves the Transformed Fortress Investment Group

Peter Briger is one of the brightest faces that stood to light the way for the development of the enormous success of Fortress Investment Group. Having been one of the alumni of the Princeton University in the United States of America, Peter Briger ensured that he left a massive legacy at the institution. This was through the brilliant performance that he made when he was a student at the campus. After finishing school and joining the Wall Street to begin his career life, Briger never forgot his institution, Princeton. He continued to make financial contributions that are organized by the alumni association of the institution. The fund collected using these fundraisers are used in support of the underprivileged students who join the institution so that they can achieve their educational dreams. Peter id the chairman of the organization of alumni of the Princeton University.

In the Wall Street America, Peter Briger found his first job at the Goldman Sachs where he worked in various dockets that ranged from being a junior officer to later becoming the managing director of the organization. Through the massive contribution that he made to the institution, the shareholders of Goldman Sachs found it wise to incorporate him as a partner of their business, which he is to date. In 2002, Fortress Investment Group hired Peter Briger so that he could introduce and manage various investment asset strategies, a role that he was poised to begin. He went to Fortress Investment Group, and in the same year, the company changed from being a single-asset manager and became an alternative manager of different asset strategies.

Five years down the line, Briger would lead the company to pursue one of the most criticized moves that they had made in history. This was declaring public participation in the trading of the company’s shares. Fortress Investment Group was listed in the New York Stock Exchange in 2007. This step was not received lightly by the investors and the general public. They termed the move as suicidal. However, the decision, which was initiated by Peter Briger, would later turn into a fruitful move that left all the critics with their tails between their legs.

LinkedIn: https://www.linkedin.com/in/peterbriger